First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) Sees Strong Trading Volume – Time to Buy?

First Trust Health Care AlphaDEX Fund (NYSEARCA:FXH) shares saw an uptick in trading volume on Monday . 31,457 shares were traded during mid-day trading, an increase of 21% from the previous session’s volume of 26,088 shares.The stock last traded at $122.5540 and had previously closed at $122.92.

First Trust Health Care AlphaDEX Fund Stock Down 0.4%

The firm has a market cap of $948.60 million, a PE ratio of 16.75 and a beta of 0.75. The stock has a 50 day moving average price of $115.29 and a two-hundred day moving average price of $114.14.

Institutional Trading of First Trust Health Care AlphaDEX Fund

Institutional investors have recently bought and sold shares of the stock. Advisory Services Network LLC acquired a new position in First Trust Health Care AlphaDEX Fund during the 3rd quarter valued at approximately $42,000. O Shaughnessy Asset Management LLC lifted its stake in shares of First Trust Health Care AlphaDEX Fund by 1,145.0% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 498 shares of the company’s stock worth $57,000 after buying an additional 458 shares during the period. Ameriflex Group Inc. lifted its stake in shares of First Trust Health Care AlphaDEX Fund by 322.4% during the third quarter. Ameriflex Group Inc. now owns 642 shares of the company’s stock worth $70,000 after buying an additional 490 shares during the period. Smartleaf Asset Management LLC grew its holdings in shares of First Trust Health Care AlphaDEX Fund by 1,822.7% during the second quarter. Smartleaf Asset Management LLC now owns 846 shares of the company’s stock valued at $87,000 after buying an additional 802 shares during the last quarter. Finally, NBC Securities Inc. grew its holdings in shares of First Trust Health Care AlphaDEX Fund by 18.8% during the fourth quarter. NBC Securities Inc. now owns 867 shares of the company’s stock valued at $99,000 after buying an additional 137 shares during the last quarter.

About First Trust Health Care AlphaDEX Fund

The First Trust Health Care AlphaDEX Fund is an exchange-traded fund. The investment objective of the Fund is to seek investment results that correspond generally to the price and yield, before fees and expenses, of an equity index called the StrataQuant Health Care Index. The StrataQuant Health Care Index is an index developed, maintained and sponsored by the NYSE Group, Inc or its affiliates (NYSE), which employs the AlphaDEX stock selection methodology to select stocks from the Russell 1000 Index.